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Updated: Aug 05, 2026

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Oracle 1Z0-1054-26 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
Exam Number:1Z0-1054-26
Available Languages:English
Exam Price:USD 245
Certificate Validity Period:2 years
Related Certifications:Oracle Fusion Cloud Financials: General Ledger Certified Implementation Specialist
Exam Format:Multiple Choice, Hands-on Performance-based
Exam Duration:90 minutes
Real Exam Qty:36
Passing Score:68%
Recommended Training:Become a Certified Financials - General Ledger Implementer
Exam Registration:Oracle University Exam Registration
Sample Questions:Oracle 1Z0-1054-26 Sample Questions
Exam Way:Online proctored or onsite at Oracle testing centers
Pre Condition:No prerequisites required. Candidates with valid/lapsed 2019+ General Ledger implementation certifications qualify for free Delta exam.
Official Syllabus URL:https://education.oracle.com/ouexam-pexam_1z0-1054-26/pexam_1Z0-1054-26

Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionWeightObjectives
Leveraging AI/ML/Mobile and Automation Features3%- Use AI/ML/mobile and automation features for process efficiency
Enabling Redwood Capabilities2%- Enable Redwood capabilities and understand configuration impacts
Implementing Enterprise and Financial Reporting Structures15%- Configuration of Financial Reporting Structures
- Key features and capabilities of Enterprise and Financial Reporting Structures
  • 1. Chart of Accounts design
Processing Intercompany15%- Intercompany transaction processing and reconciliation
- Intercompany transaction configuration
Implementing Ledgers15%- Ledger configuration
Performing Period Close15%- Period Close configuration
- Period Close process overview
Configuring Financial Reports15%- Financial report and analysis creation
  • 1. General Accounting infolets
- Financial reporting options
Implementing and Managing Journals20%- Journal configuration
- Key features and capabilities of journal processing

Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:

1. When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?

A) when the journal is not balanced by the primary balancing segment value (BSV)
B) when the journal is balanced by the primary BSV but not by second or third BSV
C) when the journal is balanced by second balancing segment value
D) when there is a many-to-many journal and you want to use a clearing company


2. In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A) They can have the System Administrator configuring pages for them using Page Composer
B) They can use "+" under the Apps section of the News Feed homepage
C) They can format certain tables by hiding and showing columns, moving columns, and resizing columns
D) Users have very little control configuring their Springboards and Work Areas; they can only resize columns


3. You define intercompany balancing rules that are applied to a specific source and category, such as Payables and Invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which statement on intercompany configuration is true?

A) You must define intercompany balancing rules for all sources, categories, and transaction types.
B) You can create a rule for all sources and categories by selecting the source " Other " and category " Other "
C) Intercompany balancing evaluates the rules in the following order: ledger, legal entity, chart of accounts, and primary balancing segment value.


4. You want to create an Ad Hoc Analysis in Smart View; you enter the following dimensions for the report and click Refresh in the POV.

You get #Missing instead of a balance. What value did you not specify, which resulted in this?

A) Intercompany
B) Product
C) Cost Center
D) A particular currency


5. You need to integrateFusion Accounting Hubwithexternal source systemsused forBilling. Identify the step that isnot correctwhen implementing this integration.

A) Capture accounting events.
B) Create the accounting in the source system and then import the journal entries into subledger accounting.
C) Determine the accounting impact of transactions.
D) Analyze external system transactions.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B,C
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: B

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